Sensex: 77,496.36 (-0.75%)

Nifty: 23,997.55 (-0.74%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Market Speaks: EIA expects crude oil prices to spike before cooling in 2027
08-Apr-2026 12:46
In its latest monthly oil report released yesterday, the U.S. Energy Information Administration highlighted that global oil markets have entered a phase of heightened volatility, driven by geopolitical tensions disrupting flows through the Strait of Hormuz. Brent crude averaged $103 per barrel in March and is projected to surge to a peak of $115 in Q2 2026, supported by supply disruptions and a persistent war-driven risk premium. However, prices are expected to gradually ease, falling below $90 by late 2026 and averaging $76 in 2027 as production outages subside. The Brent-WTI spread widened to $12 per barrel in March and is forecast to peak near $15, reflecting higher shipping costs and constrained Middle East supply impacting Brent more sharply. The spread is expected to narrow as oil flows normalize. Overall, the report underscores that oil prices will remain elevated and volatile in the near term, with the outlook heavily dependent on the duration of the conflict and the scale of supply disruptions.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.